Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Extended+0.028%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.028% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XNG-USD3.00220.0032pay 0.0004% / 1h10m 43s$110K$405K5x
ShortOndo Perps NATGAS-USD.P3.00300.0050get 0.0006% / 1h10m 43s$82K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.86
Price spread: +0.028% → 0.000%
$2.78
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.36
Costs to cover
0.100%
Break-even
13.1 days
Slippage unknown: Extended: live order book, 47 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 47 min ago0.50 bp4.0 bp −$48.3 bp −$83doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8449−5.238%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.101%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0030+0.028%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0021−0.002%$619K$494K10xas long as short
Extended XNG-USDlong+0.0032%1h3.0022long leg$110K$405K5x
Vest NG-PERP+0.0046%1h3.0030+0.028%$14K10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0030+0.028%$82K$26K10x
Paradex NG-USD-PERP+0.0054%8h3.0049+0.091%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0072%1h3.0023+0.004%$6.0M$5.8M10xas long as short
Pacifica NATGAS+0.0100%1h3.0023+0.004%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.072%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.072%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.028%$1.5M$94K10xas long as short
HTX NATGAS-USDT+0.0162%4h3.0037+0.051%$105K$211K75xas long as short
Hotstuff NATGAS-PERP+0.0208%1h3.0040+0.061%$35K20xas long as short
GRVT NATGAS_USDT_Perp+0.0318%4h3.0058+0.121%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0322%4h3.0010−0.039%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0371%4h3.0022+0.001%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0459% / S −0.0399%1h3.0035+0.044%$92K45xas long as short
Gate NG_USDT+0.0491%8h3.0060+0.128%$1.5M$194K100xas long as short
OKX NG-USDT-SWAP+0.0512%8h3.0030+0.028%$860K$1.7M50xas long as short
BloFin NG-USDT+0.0537%8h3.0040+0.061%$81K$192K20xas long as short
Variational Omni NATGAS+0.0574%4h3.0029+0.026%$317K$449Kas long as short
Binance NATGASUSDT+0.0590%4h3.0020−0.006%$10.2M$28.5M100xas long as short
edgeX NATGASUSDC+0.0622%4h3.0050+0.095%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0968%4h3.0000−0.072%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSD+0.0994%1h3.0039+0.057%$54K$33K20xas long as short